New York, NY
Industry: Finance & Insurance•
Less than 5 years
Posted 60 days ago
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IT Group Description:
The Multi-Asset Technology group supports quantitative research, model development, and portfolio management processes for Multi-Asset Solutions (MAS) unit of AB. Specifically, we directly support the Dynamic Asset Allocation (DAA) group, the outcome-oriented product group, the defined-contribution retirement solutions group, the custom alternative solutions group, the index and factor investment group, and other quantitative investment groups.
AllianceBernstein is an equal opportunity employer. We do not discriminate based race, color, creed, national origin, sex, age, disability, marital status, sexual orientation or citizenship status.
IT Job Description:
We are seeking a NY-based Developer to join the Multi-Asset Technology team to provide technology solutions for to our buy side Multi-Asset Solutions unit.
Describe the role:
This assignment will focus on building tools to support quantitative research and portfolio management for our asset allocation business, multi-asset factor business, custom alternatives solutions, and other quantitative investment groups. The candidate will develop and support tools for building out a front-office multi-asset investment platform, including modules for attribution and portfolio construction. Work will include data analysis, modeling and aggregation; implementing new market data downloads; portfolio implementation and quantitative model analytics; and reporting.
Describe the applications and business or enterprise functions the role supports:
MAS actively manages over $100 billion for global institutions, high net worth individuals and retail mutual fund investors. The group's macro and quantitative research insights are used to develop innovative investment products and drive investment decisions. We assess both short and long-term outlooks for risk and return across all major markets, including Equities, Fixed Income, Currencies, Commodities, Credit, Real Assets, and Alternatives. We use quantitative and fundamental research techniques that are highly adaptive to the current market environment. We combine these views with the specific needs of clients to develop custom portfolio solutions.
Over the past couple of years, MAS has grown rapidly and continues to add new sources of market data, new security instruments, and new quantitative tools to its investment and research process. There is tremendous need for support in data acquisition, quantitative analysis, and portfolio tools development.
The key job responsibilities include, but are not limited to:
What makes this role unique or interesting?
The candidate will have an opportunity to work alongside an established team of developers, quantitative analysts and portfolio managers to create a new multi-asset platform encompassing quantitative modeling, portfolio construction, performance attribution, data consolidation and quality control.
What is the professional development value of this role?
The candidate will have an opportunity to learn or leverage existing skills in SQL, Python, C#, Git, MATLAB, and Bloomberg.
The candidate will work closely with professional investment staff and get an opportunity to broaden their financial knowledge across asset classes, markets and instruments
Qualifications, Experience, and Education:
Special Knowledge (nice to have, but not required):